Entertaining and informative.
In Desai\'s.
The mix of finance and the humanities creates unusual pairings: Jane Austen and Anthony Trollope are guides to Risk management
Jeff Koons becomes an advocate of leverage; and Mel Brooks\'s The Producers teaches us about fiduciary responsibility.
Through this novel, creative approach, Desai shows that outsiders can access the underlying ideas easily and insiders can reacquaint themselves with the core Humanity of their profession.
This book captures Desai\'s lucid exploration of the ideas of finance as seen through the unusual prism of the humanities.
With incisive wit and irony, his lecture drew upon a rich knowledge of literature, film, history, and philosophy to explain the inner workings of finance in a manner that has never been seen before.
How can finance become more accessible and also recover its nobility? Harvard Business School professor Mihir Desai, in his last lecture to the graduating Harvard MBA class of 2015, took up the cause of restoring Humanity to finance.
Today, finance is shrouded in mystery for outsiders, while many insiders are uneasy with the disrepute of their profession.
But, what happened to the fairest, noblest, and finest profession that de la Vega saw? De la Vega hit on an essential truth that has been forgotten: finance can be just as principled, life-affirming, and worthy as it can be fraught with questionable practices.
The characterization of finance as deceitful, infamous, and vulgar still rings true today - particularly in the wake of the 2008 financial crisis. the noblest and the most infamous in the world, the finest and most vulgar on earth. . . --Sebastian Mallaby, author of The Man Who Knew: The Life and Times of Alan Greenspan Longlisted for 2017 Financial Times/McKinsey Business Book of the Year A 2017 AMAZON PICK IN BUSINESS & LEADERSHIP A WealthManagement.com BEST BUSINESS BOOK OF 2017 In 1688, essayist Josef de la Vega described finance as both the fairest and most deceitful business .
Desai takes us on a journey through the fundamentals of finance, from asset pricing to Risk and Risk management, via options, mergers, debt, and bankruptcy.- John Lanchester, The New Yorker A fascinating new perspective on modern finance, --Oliver Hart, 2016 Nobel Laureate in Economics Lucid, witty and delightfully erudite...
From the French revolution to film noir, from the history of probability to Jane Austen and The Simpsons, this is an astonishing intellectual feast.
Entertaining and informative
